article thumbnail

How Much Is a Tax Consultant?

xendoo

If you own a business or earn a significant income, you may be wondering how to manage your tax situation and how much a tax consultant costs. There is a lot to consider when weighing the costs and benefits of hiring a tax consultant. A tax consultant can help with any of these issues.

article thumbnail

Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

Once the process is complete, you sign the forms and make a payment to the tax preparer. Los Angeles Tax Planning Services for Individuals and Businesses. Unlike tax preparation services, tax planning involves creating a strategy that can help minimize tax liabilities. They can represent a client.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Copy Amazon’s $0 Tax Strategy! How to Write Off Taxes (Easy Guide)

LyfeAccounting

Myth #1: Amazon pays $0 in taxes. Amazon paid $0 in Federal taxes in 2017 and 2018 but Amazon does pay plenty of payroll taxes, state taxes, and international taxes. In 2019, Amazon broke its streak of paying $0 Federal taxes and actually owed money to the federal government. like Amazon!

Tax 52
article thumbnail

Tax Benefits & Differences: Sole Proprietor vs. LLC vs. S-Corp vs. C-Corp | Which Business Entity is Best?

LyfeAccounting

So by the end of this post, we hope that you’re saving thousands and not paying thousands more than you have to in taxes. We typically charge this information as a part of our tax planning service , but today, you’ll get this information for free. Legal vs Tax Entity. With that said, let’s begin.

Tax 52
article thumbnail

Small Business Tax Filings – Everything You Need to Know to Avoid IRS Penalties!

LyfeAccounting

Similar to employees, payroll taxes such as Medicare and social security should be withheld and paid on every paycheck. So essentially, you would be paying self-employment taxes with every paycheck but only on the salary you would be paying yourself. These Forms tell the IRS how you have withheld and paid in payroll taxes.